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All About

Urbana, IL

Urbana, Illinois is a small city with a population of slightly more than 42,000. There are plenty of peers for young adults (15-24), who account for a larger portion of the population here (42%) than nationally (14%), while middle-aged professionals appear in smaller numbers. At an average age of just over 32, the city's population is notably younger than most cities in Illinois. Most Urbana residents rent, and 39% of residents are homeowners, driven in part by a relatively affordable average rent that is $158 per month lower than the state average. Over the course of a year, renters in Urbana will save around $1,900 compared to the state average.

Averaging about 18 minutes, Urbana's commute time outperforms the Illinois average of about 32 minutes. Driving a car or truck is the prevailing means of commuting to work, chosen by 27% of workers, while public transportation isn't widely used. A small percentage of residents (7%) walk to work, though the number is much greater than the national average.

Compared to the national average (7%), Urbana has a high concentration of residents over the age of 25 who have advanced degrees, as 13% possess a Master's degree or a Doctorate. Additionally, 11% have earned a Bachelor's degree. There are two primary industries in Urbana: education and entertainment. Combined, these industries account for 24% of the city's labor force. Urbana workers earn an average annual income of around $52K, less than the average Illinois resident. The city's average income also trails the national average ($73,345).

Average Rent in Urbana

Studio1 Bed2 Bed3 Bed
Mar 20$575$617$725$1,000
Feb 206177251,215
Jan 206177251,215
Dec 196177251,215
Nov 196176751,215
Oct 196176871,000
Sep 196176751,000
Aug 196176871,000
Jul 196177371,215
Jun 19617707950
May 196177251,215
Apr 19617725950
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Frequently Asked Questions About Urbana

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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